Palisades Charter High School
Minutes
Special Board of Trustees Meeting
Date and Time
Tuesday May 12, 2020 at 5:00 PM
Location
Join from a PC, Mac, iPad, iPhone or Android device:
Please click this URL to join.
https://palihigh-org.zoom.us/j/84949902899?pwd=TmxucjB5L2NmQ3JBUTBlRklpTmlOQT09
Password: dolphins
Or join by phone:
Dial(for higher quality, dial a number based on your current location):
US: +1 669 900 9128 or +1 346 248 7799 or +1 253 215 8782 or +1 312 626 6799 or +1 646 558 8656 or +1 301 715 8592
Webinar ID: 849 4990 2899
Password: 306030
As per Executive Order N-29-20 from Governor Newsom, the Palisades Charter High School Board of Education meeting scheduled for Tuesday, April, 21, 2020, at 3:00p.m. will move to a virtual/teleconferencing environment. Calling into the meeting may incur a charge and PCHS is not responsible for any charges.
REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY:
Pursuant to the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, any individual with a disability who requires reasonable accommodation to attend or participate in this meeting of the Governing Board of Palisades Charter High School may request assistance by contacting the Main Office at (310) 230-6623 at least 24 hours in advance.
SUPPORTING DOCUMENTATION:
Supporting documentation is available at the Main Office of the School, located at 15777 Bowdoin Street, Pacific Palisades, CA 90272, (Tel: 310- 230-6623) and may also be accessible on the PCHS website at http://palihigh.org/boardrecords.aspx.
ALL TIMES ARE APPROXIMATE AND ARE PROVIDED FOR CONVENIENCE ONLY:
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice. All items may be heard in a different order than listed on the agenda.
REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY:
Pursuant to the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, any individual with a disability who requires reasonable accommodation to attend or participate in this meeting of the Governing Board of Palisades Charter High School may request assistance by contacting the Main Office at (310) 230-6623 at least 24 hours in advance.
SUPPORTING DOCUMENTATION:
Supporting documentation is available at the Main Office of the School, located at 15777 Bowdoin Street, Pacific Palisades, CA 90272, (Tel: 310- 230-6623) and may also be accessible on the PCHS website at http://palihigh.org/boardrecords.aspx.
ALL TIMES ARE APPROXIMATE AND ARE PROVIDED FOR CONVENIENCE ONLY:
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice. All items may be heard in a different order than listed on the agenda.
Trustees Present
Adam Glazer, Andrew Paris, Brooke King, Dara Williams, Emily Hirsch, Larry Wiener, Leslie Woolley, Paula Anderson, Reeve Chudd, Sara Margiotta
Trustees Absent
Rick Steil
Ex Officio Members Present
Dr. Pam Magee, Greg Wood
Non Voting Members Present
Dr. Pam Magee, Greg Wood
Guests Present
Chris Lee, Dave Suarez, Don Parcell, Jeff Roepel, Laney Chao, Mary Bush, Monica Iannessa, Stephen Klima
I. Opening Items
A.
Call the Meeting to Order
Leslie Woolley called a meeting of the board of trustees of Palisades Charter High School to order on Tuesday May 12, 2020 at 5:06 PM.
B.
Record Attendance and Guests
C.
Public Comment
II. PCHS Payroll Protection Loan
A.
New Bank - Cache Valley Bank
Because the funding is not available from Cathay (PCHS's regular bank), PCHS is seeking the loan through Cache Valley Bank.
Dara Williams made a motion to approve Cache Valley Bank as an authorized bank for PCHS.
Sara Margiotta seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| Dara Williams |
Aye
|
| Andrew Paris |
Abstain
|
| Paula Anderson |
Abstain
|
| Larry Wiener |
Abstain
|
| Sara Margiotta |
Aye
|
| Emily Hirsch |
Aye
|
| Leslie Woolley |
Aye
|
| Brooke King |
Abstain
|
| Adam Glazer |
Aye
|
| Reeve Chudd |
Aye
|
B.
Payroll Protection Program
Greg Wood
Put in an application to Carthay Bank but there was no additional funding available through them. But PCHS was able to go through Cache Valley Bank. The loan was approved through the SBA. The amount of the loan was approved based on PCHS payroll. Granada Hills and Birmingham both put in applications. We have been approved for just over $4 million at a 1% interest rate. Balloon payment due after 2 years. It's essentially a line of credit, which would help if our cash flow is impaired if there are significant funding cuts or if revenues are deferred. Forgiveness of the loan is also a possibility.
In order for it to be forgivable, PCHS might have to retain employees that the school might otherwise not retain. Also, have to be aware that if the school is sufficiently funded that it may have to be repaid as the funding would be available from the state (no double-dipping).
Reeve brought up that at 1%, this is very low risk.
The state can cut funding or the state can defer funding.
PCHS qualifies for this program.
Stephen Klima is asking whether we are eligible for the loan.
But the issue is not the eligibility, PCHS is eligible. But it is not clear that PCHS would be eligible for the forgiveness aspects of it. That will depend on a variety of factors.
Stephen Klima inquired about the worksheet for forgiveness.
Greg Wood replied that we will look at the forgiveness aspect of it as a later date when we receive legal advice on the forgiveness aspect of it.
Put in an application to Carthay Bank but there was no additional funding available through them. But PCHS was able to go through Cache Valley Bank. The loan was approved through the SBA. The amount of the loan was approved based on PCHS payroll. Granada Hills and Birmingham both put in applications. We have been approved for just over $4 million at a 1% interest rate. Balloon payment due after 2 years. It's essentially a line of credit, which would help if our cash flow is impaired if there are significant funding cuts or if revenues are deferred. Forgiveness of the loan is also a possibility.
In order for it to be forgivable, PCHS might have to retain employees that the school might otherwise not retain. Also, have to be aware that if the school is sufficiently funded that it may have to be repaid as the funding would be available from the state (no double-dipping).
Reeve brought up that at 1%, this is very low risk.
The state can cut funding or the state can defer funding.
PCHS qualifies for this program.
Stephen Klima is asking whether we are eligible for the loan.
But the issue is not the eligibility, PCHS is eligible. But it is not clear that PCHS would be eligible for the forgiveness aspects of it. That will depend on a variety of factors.
Stephen Klima inquired about the worksheet for forgiveness.
Greg Wood replied that we will look at the forgiveness aspect of it as a later date when we receive legal advice on the forgiveness aspect of it.
Reeve Chudd made a motion to approve the adoption of the payroll protection loan and submit the PCHS application the amount of $4,606,00 and Pam Magee be authorized to sign on behalf of PCHS.
Adam Glazer seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| Brooke King |
Abstain
|
| Larry Wiener |
Abstain
|
| Paula Anderson |
Abstain
|
| Reeve Chudd |
Aye
|
| Emily Hirsch |
Aye
|
| Sara Margiotta |
Aye
|
| Andrew Paris |
Abstain
|
| Adam Glazer |
Aye
|
| Dara Williams |
Aye
|
| Leslie Woolley |
Aye
|
III. New Business / Announcements
A.
Announcements / New Business
No new business.
No closed session items.
No closed session items.
B.
Announce items for closed session, if any.
IV. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 5:52 PM.
Respectfully Submitted,
Leslie Woolley
Pam Shriver asked about kids who are struggling with distant learning. Pam mentioned outreach efforts and the time period for kids to do makeup work. Parents and students are free to reach out to teachers, counselors, or administrators.
Paula Anderson mentioned that sometimes families don't want to mention that they don't have access to the internet or computer because they are embarrassed so we need to be cognizant of this.
Monica Iannessa mentioned that math tutors are still available for tutoring.
There was a discussion about how hard it is for students to remain engaged when working from home. So it's not just that there are mental health issues that are preventing kids from being fully engaged, but just the at-home learning.
Question about the school calendar
Question about whether next school year will start out online or in person. Pam Magee stated that it is too early to make that determination but alternative plans will be developed to prepare for all contingencies.